Another s corp question.

@Chinatown as soon as the title is transferred.

@blairandgretchen thanks I will keep this in mind all the help I can get ill take

@truckdriver31 I don't fly, so I never did up grade to a real I.d., you think I should?

@pavrom glad I made you laugh!

@Rideandrepair

 

@Rideandrepair thank you for that info. That's what I was looking for. I'm just trying to figure out how to get my wife's name on the business with me. The lawyer wants 90.00 for 45 mins to consult.

@spindrift what's the process for that. getting the fien. Number?

@Brettj3876. Close to paid off. New developments at the bank. I will have to carry about 8,500 bank note. Note to bad I don't think. I've eaten a lot of Roman noodles And p.b. and j to get here.

@Wespipes that's exactly what I thought was doing. I actually thought I had to form\start a llc. Then choose S corp tax procedures vs. c corp tax procedures?

 

Hi,
The truck is costing 30k, 7k I know is light. I do have credit cards.
Honestly , At least for the time being. I think I will be ok. I'm buying the truck from my boss. And have driven it daily since May 25th. Im pretty aware of the quirks and disadvantages of this truck.Of course there is a lot of stories out there where bad luck strikes the day the title transfers. So who knows.?
As of this moment I only have one genuwin concern. Because of the drive axles area is so light. Causeing a horrible amount of tire spin. He just had brand new tires put on. One of the two tires was just put on the first week of June.
He also had a alignment done. So all I can do now is monitor and see what happens.
I do have to buy the service manual because I feel confidant that at least some of the spinning is driver error. And some is just crappy design.
In some circumstances I have to press the load transfer button to bring the weight to the drives. Then some times I have to lock in the front diff. And when those two don't get it done. I have to put it in manual to reduse rpms.
This only happens on wet roads or Sandy parking areas. But its every wet road and sandy parking area. So all in all I think I need to not be so heavy footed. But the pedal is stupid since a tive. As of right now. This is a great running truck. Its slow. But dependable. Fingers crossed it gives me two years to build a maintenance account prior to having something serious happen.
Thanks for reading.